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canadian dollar officially stronger than greenback
- Thread starter ethnocentric
- Start date
Damn. Me too. Especially after all that shit I used to talk whenver I would go up to Canada to party.
Bush is destroying our country.
I'm gotta get some American money and goto Detroit and Buffalo and do a lot of shopping. 
A few years ago the Canadian dollar was worth about .70US and now the Canadian dollar is stronger than the US. This is good news for Canadian shoppers, but it's bad news for mostly everything else. Tourism and trade are struggling all around the world now.
US is gonna be in a serious recession and its this guys fault...
A few years ago the Canadian dollar was worth about .70US and now the Canadian dollar is stronger than the US. This is good news for Canadian shoppers, but it's bad news for mostly everything else. Tourism and trade are struggling all around the world now.
US is gonna be in a serious recession and its this guys fault...
The Euro will be the new currency the elite want us to use. They're using war to bankrupt the country. And the Amero will be the new currency of the North American Union (Mexico, U.S., and Canada)
Everything is falling into place and it's just another day at the office for them.
So of course Alan Greenspan would want you to save your money in EUROS
he is one of them
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The Euro will be the new currency the elite want us to use. They're using war to bankrupt the country. And the Euro will be the new currency of the North American Union (Mexico, U.S., and Canada)
Everything is falling into place and it's just another day at the office for them.
So of course Alan Greenspan would want you to save your money in EUROS
he is one of them
I know this... Thats why I would suggest SAVING YOUR MONEY IN EUROS...
If the dollar loses its value, what's the point in having it?...
you keep your dollars, I am converting ALL of my SAVINGS into EUROS... call me stupid, but I'll be eating...
i'm glad i kept my canadian money that made up there grindin. i was just keepin it for the next trip and forgot it. wish it was euros or gbp tho.
still if their money worth more i am sure some of the entrepreneurial young brothers on here can find some opportunity in that.
fukked up tho. i just peeped the exchange rate for brazilian reais. was like 2.30 - 2.40 a year ago. now its 1.83. thats gonna cut into my partying. sad sad sad ...
still if their money worth more i am sure some of the entrepreneurial young brothers on here can find some opportunity in that.
fukked up tho. i just peeped the exchange rate for brazilian reais. was like 2.30 - 2.40 a year ago. now its 1.83. thats gonna cut into my partying. sad sad sad ...
Exchange rates fluctuate so I have a feeling that you'll be losing in the long run.
The dollar will be strong again soon as this war is over.
D
DANGEROUSBLACKMAN
Guest
Shout Out To My City Toronto.
You don't have to suggest anything to me or anyone else, the writing is on the wall and the inevitable will occur regardless.
If you want to eat you will be forced to switch to EURO or the Amero. And there is no IF to it, the dollar will lose its value and we will all be using EURO or Amero. It isn't so much as an IF but WHEN it will take full effect.
dj said:
It's not like anyone has much of a choice, they have all the keys to all the doors. Once a sufficient number of people wake up and see the game that is being played we will all be better off. They could tell most of the people on the planet to jump of a cliff and the reply would be which one.
Another round of economic slavery, here we come. So eat up and gain your strength.
The Euro will be the new currency the elite want us to use. They're using war to bankrupt the country. And the Euro will be the new currency of the North American Union (Mexico, U.S., and Canada)
Everything is falling into place and it's just another day at the office for them.
So of course Alan Greenspan would want you to save your money in EUROS
he is one of them
are yall 4real? is it possible to get euros? let me know how to do it. and i dont mean goin to amex gettin the low exchange rate and fees.
i remember in latin america there was dudes on the street who would buy your dollars at better rates than the bank and that was their hustle. could that be where we're going?
where could you cash in those euros and pounds here at a good rate?
imma keep watchin this thread. peace
and when will this WAR BE OVER???
Now that I think about it, we have a better chance at using the Amero for currency rather than the EURO
when the AMERO arrives... I'LL BE IN LINE!!!
The only reason the US dollar is so low is because the dynamic and direction of the country's leadership is about to change. Investors are holding on to their money until they see which way the wind is blowing.
For instance, after the 2008 election the next commander in chief could either extend the war in Iraq or withdraw all of the troops within a year. Either decision will have a major effect on the US economy. If I were an investor I wouldn't buy stock in a profiteering company until I knew for sure.
Once this whole confusion is done and dealt with the dollar will return to its usual spot
For instance, after the 2008 election the next commander in chief could either extend the war in Iraq or withdraw all of the troops within a year. Either decision will have a major effect on the US economy. If I were an investor I wouldn't buy stock in a profiteering company until I knew for sure.
Once this whole confusion is done and dealt with the dollar will return to its usual spot
I was happy since last week, very happy 
Until my broker told me most 98% of my investments are in US funds.
Well I knew that but frankly....
Until my broker told me most 98% of my investments are in US funds.
Well I knew that but frankly....
and when that happens weapons of mass destruction will be found and you will be able to fly to Saturn in a jar of pickles.
This has been happening long before the war began but has been compounded by this war. The growing national debt, continued deficit spending, etc have been here long before the war.. the War is just another issue that the dollar at the moment could not stand. It puts the stress of an additional 1 trillion dollars in debt on an already weakened economy in terms of its macro-economic metrics..There are serious problems here brotha.. this is just not some irrational price fluctuations in the market.. the U.S. has some real underlying problems.. WE ARE A HUGE DEBTOR NATION..and we are not able to produce anything remotely close to our consumption levels...foreign purchased IOU notes are the only thing that allows our country to continue in this fashion.. we just better hope we dont lose our status as the world's reserve currency.
Canadians dont cheer yet since you guys are getting raped with the cost of your products
for example, Nike uptowns(af1's) cost about $75 dollars here in the states
in Canada, theyre $100
so even though our money is the same, the price on items in Canada are inflated.
Canadians should run to the border and get their shop on while they can
the dollar is low to boost the economy
or to get people to spend money
that wont last for long
for example, Nike uptowns(af1's) cost about $75 dollars here in the states
in Canada, theyre $100
so even though our money is the same, the price on items in Canada are inflated.
Canadians should run to the border and get their shop on while they can
the dollar is low to boost the economy
or to get people to spend money
that wont last for long
Damn that sucks.
The "Amero" coming to a wallet near you!
People forget that Canada is at war with Afghanistan too.
The cause isn't the war itself. It's the uncertainty behind it. If Congress sided with bush 100% or if it was likely that the next president would continue the current policy in Iraq then the dollar would remain consistent. However that's not the case at all.
I mean if you were an investor would you buy stock in Haliburton know that Obama could become president and send all the troops home within 6 months? Would you buy stocks in Exxon knowing that Al Gore could get elected and make radical changes to America's energy policies? What would President Hilary Clinton do to your shares in Pfizer?
Nobody wants to take these kinds of risks and THAT more than anything is what's killing the dollar. The same thing happened to Canada when Quebec was talking about forming it's own country (BTW, if and when that happens again watch the Canadian Dollar fall back in the toilet)
You can't even compare the two.
Canada has very little commitment to any of the wars. We currently have XXX,XXXs troops deployed in Iraq and Afghanistan and our tab is running at BILLIONS daily. Canada can not even remotely say the same. Committed a few troops (not downplaying canadian assistance) is not the same as the U.S. commitment to being a Warring State.
The reality of the matter is that the extra 1 trillion dollars in debt because of this war is weighing on the dollar. This is not a psychological issue. This is a macro-economics issue. Whether we were at war or not, the fundamentally stability of our economy is shaky at best. Have you looked at the national debt (its over 30k per person) have you looked at the foreign trade deficit, etc...these were all weighing on the dollar before the war. Also, the price is oil (which is going UP regardless of war) hurts our economy the most because although we make up just 5 percent of world's population, we consume 27 percent of the world's oil resources. A huge increase in oil prices creates billions of additional debt for the U.S. The war only perpetuates the problem.. it did not CREATE the problem. This has slowly been occurring right under the nose of U.S. citizens.
You need to learn about economics. These are fundamental macro-economic issues that are weighing on the dollar. Even if the world ended tomorrow, it does not end the problem. It just puts a band-aid over ONE of the many wounds.. but it doesn't change the fact that the U.S. is bleeding heavily.
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